Newspaper Publisher Plans C$13 Billion Kitimat Oil Refinery
Posted: 8/20/2012 | By: Jeremy van Loon | Bloomberg News
Canadian newspaper publisher David Black wants to build a C$13 billion ($13.2 billion) refinery in
Kitimat, British Columbia, the terminus of Enbridge Inc. (ENB)’s
proposed Northern Gateway pipeline.
Kitimat Clean Ltd., owned by Black, is submitting an
environmental assessment of a plan to construct a 550,000
barrel-per-day refinery to process bitumen from Alberta’s oil
sands, Black said in a statement on the company’s website.